‘Kaleidoscopic’ high-rise planned for downtown Los Angeles moves forward
Construction Dive

Dive Brief:
The Los Angeles Department of City Planning issued a draft environmental impact report reviewing the Olympic Tower, a proposed 58-story, mixed-use high-rise that could start construction downtown within the next two years. The building’s designer, Nardi Associates, said the building would be a “kaleidoscopic-like landmark.”

Nardi refers to the building as a “monumental urban tree” with vegetation growing alongside digitized landscape and graphic art images. If the project is approved, developer Olymfig26 LLC would have to demolish an existing building that houses a car wash and other businesses. The new tower would include approximately 65,000 square feet of retail and commercial space across three stories; more than 33,000 square feet of office space across six stories; almost 11,000 square feet of hotel conference and ballroom space and an 8,500-square-foot condo amenity area sharing one story; 374 condominiums occupying 24 stories; a 373-room hotel taking up 17 stories; and 14 levels of parking — six underground and eight at above-ground podium level, with six parking levels “wrapped” in more office space.

The report cited public concerns about increased traffic and pollution, the vulnerability of the site to earthquakes, increased stress on public utilities, land use conflicts, noise and more. The authors of the report found that most of the potential negative impacts — including poor air quality during construction and construction vibration — could be mitigated through adequate measures so that their impact would be “less than significant,” with the exception of traffic. The report determined that significant impact due to increased traffic is “unavoidable.”

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